NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF BOONE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED AUTHORIZATION OF A LOAN AND DISBURSEMENT AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $2,146,000 GENERAL OBLIGATION CAPITAL LOAN NOTES, FOR AN ESSENTIA

NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF BOONE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED AUTHORIZATION OF A LOAN AND DISBURSEMENT AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $2,146,000 GENERAL OBLIGATION CAPITAL LOAN NOTES, FOR AN ESSENTIAL CORPORATE PURPOSE AND THE PUBLIC HEARING ON THE AUTHORIZATION AND ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Boone, State of Iowa, will hold a public hearing on the 16th day of February, 2026, at 6:00 P.M., in the Council Chambers, City Hall, 923 8th Street, Boone, Iowa 50036, at which meeting the Council proposes to take additional action for the authorization of a Loan and Disbursement Agreement by and between the City and the Iowa Finance Authority and the issuance to the Iowa Finance Authority of not to exceed $2,146,000 General Obligation Capital Loan Notes, to evidence the obligations of the City under the said Loan and Disbursement Agreement, in order to pay the costs of the acquisition, construction, reconstruction, extension, improvement and equipping of works and facilities useful for the collection, treatment, and disposal of sewage and industrial waste in a sanitary manner. Principal and interest on the proposed Loan and Disbursement Agreement will be payable from the Debt Service Fund. The annual increase in property taxes as the result of the issuance on a residential property with an actual value of one hundred thousand dollars is estimated not to exceed $57.46. This estimate only considers the impact on property taxes of financing authority established by this hearing for the above-described project(s). The note may be issued in one or more series over a number of years. Finance authority established by this hearing may be combined with additional finance authority, causing the estimate for the annual increase in property taxes for the entire issuance to be greater than the estimate stated herein. Changes in other levies may cause the actual annual increase in property taxes to vary. At the above meeting the Council shall receive oral or written objections from any resident or property owner of the City to the above action. After all objections have been received and considered, the Council will at this meeting or at any adjournment thereof, take additional action for the authorization of a Loan and Disbursement Agreement and the issuance of Notes to evidence the obligation of the City thereunder or will abandon the proposal. This Notice is given by order of the City Council of the City of Boone, State of Iowa, as provided by Sections 384.24A and 384.25 of the Code of Iowa, as amended. Dated this 5th day of February, 2026. City Clerk, City of Boone, State of Iowa February 5 2026 LIOW0450416